����������� �������� ��� ���� ������� ����� ������ �� ��
## **ALL SAINTS PRESBYTERIAN CHURCH**
Report and Accounts
for the year to 31 December 2024
Charity registration number 1184509
����������� �������� ��� ���� ������� ����� ������ �� ��
## **All Saints Presbyterian Church Report and accounts Contents**
||**Page**|
|---|---|
|Charity information|1|
|Report of the Trustees|2|
|Independent examiner's report|6|
|Statement of Financial Activities|7|
|Balance sheet|8|
|Notes to the accounts|9|
����������� �������� ��� ���� ������� ����� ������ �� ��
## **All Saints Presbyterian Church Trust information**
**Trustees** Jonathan Winch (Treasurer) Dr Christopher Richards Rev. Benjamin Wontrop (Chairman) **Charity number** 1184509 **Church address** All Saints Presbyterian Church Akenside Hill Newcastle NE1 3UF **Independent examiner** Kinnair and Company Limited Aston House Redburn Road Newcastle Upon Tyne NE5 1NB
1
����������� �������� ��� ���� ������� ����� ������ �� ��
## **All Saints Presbyterian Church Trustees' report**
## **Introduction**
The Trustees of All Saints Presbyterian Church present their report and accounts for the period ended 31 December 2024. These are prepared in accordance with the governing document, applicable accounting standards and the recommendations of Statement of Recommended Practice: Accounting and Reporting by Charities.
## **Objectives and principal activity**
To advance the Christian Faith in accordance with the Statement of Beliefs in such ways and in such parts of the United Kingdom or the world as the Trustees from time to time see fit.
To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support in such parts of the United Kingdom or the world as the Trustees from time to time see fit.
To advance education in such ways and in such parts of the United Kingdom or the world as the Trustees from time to time see fit.
## **The objectives are fulfilled by:**
Holding public worship services, prayer meetings, Bible studies, evangelistic meetings, study groups, and fellowship meetings to promote the spiritual good of the region generally and of church members particularly.
Carrying out evangelistic work in the region.
Supporting domestic church planting and world missionary activities through prayer and financial aid.
Giving support outlined in object 2 to those who find themselves in need. Supported by a team of elders and deacons, the minister is available to meet with the sick/distressed and their families at all times.
Working closely with a local seminary campus, Westminster Seminary UK, accredited by Greenville Presbyterian Theological Seminary in the United States, to provide theological education with the goal of advancing the Great Commission.
## **Public benefit**
The Trustees are aware of the Charity Commission guidance on public benefit. In doing so, the Trustees confirm that the charity's activities wholly comply with this guidance. In particular, this is evidenced by the way we have sought to advance the Christian faith through public outreach and teaching ministries to as many members of the public, both at home and abroad, as we are able to reach.
2
����������� �������� ��� ���� ������� ����� ������ �� ��
## **All Saints Presbyterian Church Trustees' report**
## **Achievements and performance**
Ministry has continued according to the usual pattern, led by the Minister, elders and other qualified members, as well as visiting ministers. Ministry includes:
- The preaching of two public worship services (including prayer, the reading of God's Word, the preaching of a
- sermon, and sung praise) every Sunday.
- The administration of the Lord's Supper twice per month.
- The administration of baptism to covenant children and new believers.
- The holding of prayer meetings and Bible Study on alternate Wednesdays.
- The holding of homegroups across three venues in Gateshead on the other Wednesdays.
- Pastoral support to the congregation and others as required, and according to a schedule of pastoral visitation
- Practical and financial support, provided through a "Deacon's Fund"
- Evangelism on the streets of Newcastle, and supplemented by special events
- Christianity Explored classes to introduce newcomers to the gospel at appropriate times
We have continued to support our church plants in Sunderland, Hexham and Zürich, and to provide assistance to Presbyterian churches in Hull and Durham, including visits by our staff and financial assistance.
We have substantially invested in the church grounds, opened our building to the public for historic tours and musical concerts, and encouraged local organisations to make use of the building for conferences.
The church continues to serve the young people of the congregation and that of other local churches by:
- A young people's ministry and a youth group, both meeting monthly.
- The holding of a weekly Student Bible study during term time.
- The holding of a Young People's (youth ministry) adventure camp in the summer.
## **Financial review**
During the year the Charity's total income was £187,027 (2023 - £111,160)
During the year the Charity's total expenditure £177,968 (2023 - £133,876)
The net surplus for the year was £9,059 (2023 net deficit of £22,716).
The total of the Charity's funds at 31 December 2024 was £1,178,612 (2023 - £1,169,553) which comprised an accumulated surplus on the General Fund of £1,176,683 (2023 - £1,166,655) and the accumulated surplus on the Restricted Fund of £1,929 (2023 - £2,898).
The regular finances of the Charity, to a very large extent, are given by the members of the Church congregation. Much work is done privately without recognition - the hours and value of that time cannot be quantified in advancing the Gospel. (Matthew 5:13-16)
Reserves policy: the Church has received endowment funding from a 501(c)3 Foundation in the United States that will fund certain specified programs, including development of the seminary and the convening of conferences, to be used over several years, being subject to strict and specific uses as required under the US Internal Revenue Code.
3
����������� �������� ��� ���� ������� ����� ������ �� ��
## **All Saints Presbyterian Church Trustees' report**
## **Plans for future periods**
- An intern will assist with student outreach, including evangelism, and the further development of young people's work.
- As our building becomes better known throughout Tyneside, we are looking to increase its community usage.
## **Structure, governance and management**
The Charitable Incorporated Organisation (CIO) was formed under a constitution dated 19 July 2019.
New Trustees are appointed by existing Trustees.
The Church is a congregation belonging to the Evangelical Presbyterian Church in England and Wales (EPCEW) religious denomination. As such it shares the same vision as other congregations within the Presbytery and through the Presbytery, with other like-minded churches throughout the world (the EPCEW is a member of the International Conference of Reformed Churches).
The spiritual leadership of the Church in regards to spiritual affairs is governed under and by the authority of the Book of Church Order of the Evangelical Presbyterian Church in England and Wales.
The Charity's Trustees in regards to temporal affairs are governed by a charity constitution governed under the laws of England in particular the Charities Act.
The Charity's Trustees have considered and follow publication "A guide to conflicts of interest for Charity Trustees" as a matter of good practice.
## **Reference and administrative details**
All Saints Presbyterian Church (the CIO, the Charity) is a registered charity (registration number 1184509).
The governing body of the Charity is the board of Trustees, which currently comprises 3 members. The Trustees who acted during the year and up to the date of this report are shown on page 1.
The registered office of the Charity and details of its principal advisors are shown on page 1.
4
����������� �������� ��� ���� ������� ����� ������ �� ��
## **All Saints Presbyterian Church Trustees' report**
## **Statement of trustees' responsibilities**
The Trustees are required to prepare accounts for each financial year which give a true and fair view of the state of affairs of the Charity and of the surplus or deficit for that period. In preparing those accounts, the Trustees are required to: select suitable accounting policies and then apply them consistently; make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts; and prepare the accounts on the going concern basis unless it is inappropriate to assume that the Charity will continue its activities.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the accounts comply with statutory requirements and with Charity's constitution and rules. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.
## **Disclosure of information to the independent examiner**
So far as each Trustee at the date of approval of this report is aware:
- there is no relevant information of which the Charity's independent examiners are unaware; and
- the Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that the independent examiners are aware of that information.
## **Approval**
## � ��������
This report was approved by the Trustees on …................. and signed on its behalf by:
. . . . . . . . . . . . . . . . . . . . . .
Jonathan Winch Trustee and Treasurer
5
����������� �������� ��� ���� ������� ����� ������ �� ��
## **All Saints Presbyterian Church Independent Examiner's Report**
## **Independent examiner's report to the Trustees of All Saints Presbyterian Church**
I report on the accounts of the Charity for the period ended 31 December 2024, which are set out on pages 7 to 14.
## **Respective responsibilities of the Trust and the examiner**
As members of the Charity you are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011(‘the 2011 Act’) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the General Directions given by the Charity Commissioner (under section 145(5)(b) of the 2011 Act); and
- to state whether particular matter have come to my attention.
## **Basis of this independent examiner's report**
My examination was carried out in accordance with the general directions given by the Charity Commissioner. That examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes considering any unusual items or disclosures in the accounts and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, no opinion is given as to whether the accounts present ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
Since the gross income for the year exceeds the amount provided in section 145(3) of the Act, I confirm that I am qualified to act as Independent Examiner under the provisions of that section of the Act and that my qualification is as shown below.
In connection with my examination, no matter has come to my attention:
- which gives me reasonable cause to believe that in any material respect the requirements (a) to keep accounting records in accordance with section 130 of the 2011 Act; and (b) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Mai L C Mak BSc. Hons. FCA Chartered Accountant
Kinnair and Company Limited Chartered Accountants Aston House Newcastle Upon Tyne
…......................
6
����������� �������� ��� ���� ������� ����� ������ �� ��
## **All Saints Presbyterian Church Statement of Financial Activities for the year ended 31 December 2024**
|**Notes**
**Income**
Voluntary income
2
Investment income
Other income
3
**Total income**
**Expenditure**
Charitable activities:
- Staff
4
- Direct ministry
5
- Indirect ministry
6
- Property
7
- Depreciation
**Total expenditure**
.
**Net movement in funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2024**
**£**
124,803
4,466
57,758
187,027
80,320
34,977
5,706
43,462
12,534
176,999
10,028
1,166,655
1,176,683|**Restricted**
**income funds**
**2024**
**£**
-
-
-
-
-
797
172
-
-
969
(969)
2,898
1,929|**Total**
**funds**
**2024**
**£**
124,803
4,466
57,758
187,027
80,320
35,774
5,878
43,462
12,534
177,968
9,059
1,169,553
1,178,612|**Total**
**funds**
**2023**
**£**
79,189
2,032
29,939
111,160
41,288
33,945
5,679
39,668
13,296
133,876
(22,716)
1,192,269
1,169,553|
|---|---|---|---|---|
The Charity has no recognised gains or losses other than those shown in the Statement of Financial Activities. All of the activities of the Charity are classed as continuing.
7
����������� �������� ��� ���� ������� ����� ������ �� ��
## **All Saints Presbyterian Church Balance Sheet as at 31 December 2024**
|**Notes**
**Fixed assets**
Tangible assets
9
**Current assets**
Debtors
10
Cash at bank and in hand
**Creditors: amounts falling due within one**
**year**
11
**Net current assets**
**Net assets**
**Funds**
_Unrestricted funds:_
- General Fund
12
- Capital Reserve
13
_Restricted funds:_
- Restricted income funds
14,16
**Total Trust funds**|**2024**
**£**
1,026,567
7,398
148,003
155,401
(3,356)
152,045
1,178,612
135,302
1,041,381
1,176,683
1,929
1,929
1,178,612|**2023**
**£**
1,041,381
6,312
125,188
131,500
(3,328)
128,172
1,169,553
125,274
1,041,381
1,166,655
2,898
2,898
1,169,553|
|---|---|---|
These accounts were approved by the Trustees � �������� on …................. and signed on its behalf by:
. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Jonathan Winch Trustee and Treasurer
8
����������� �������� ��� ���� ������� ����� ������ �� ��
## **All Saints Presbyterian Church Notes to the Accounts for the year ended 31 December 2024**
## **1 Accounting policies**
## _**Basis of preparation**_
The financial statements of the Charity have been prepared under the historical cost convention in accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (Charities SORP (FRS102)) and the Charities Act 2011.
## _**Going concern**_
The Trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the Charity to continue as a going concern. The Trustees make this assessment in respect of a period of one year from the date of authorisation of issue of the financial statements and have concluded that the Charity has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the Charity's ability to continue as a going concern, thus they continue to adopt the going concern basis of accounting in the preparation of the financial statements.
A summary of the principal accounting policies, which have been consistently applied, is set out below.
## _**Income**_
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably. Collections and donations are recognised when received.
Income tax recoverable on Gift Aid donations is not recognised until such claims that are made have been approved by HMRC and the amount receivable can be quantified with reasonable certainty.
## _**Expenditure**_
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. All expenditure is inclusive of irrecoverable Value Added Tax.
## _**Fixed assets**_
Fixed assets are held at fair value.
At each reporting date the Charity assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined to be the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives.
## **Debtors**
Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **Liabilities and provisions**
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Chairty anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
9
����������� �������� ��� ���� ������� ����� ������ �� ��
## **All Saints Presbyterian Church Notes to the Accounts for the year ended 31 December 2024**
## **Pensions**
The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.
## _**Taxation**_
The Charity is exempt from Income Tax on its charitable activities but is not exempt from Value Added Tax. Irrecoverable VAT is included in the cost of those items to which it relates.
## _**Fund accounting**_
The charity operates restricted and unrestricted funds. Restricted funds relate to amounts received which have been specified for a particular use by the donor. All other funds are unrestricted funds which the charity may use for its charitable purposes at its discretion. Within unrestricted funds, the charity may designate certain funds for specific purposes.
## **2 Income: Congregational giving**
|Donations
**3**
**Income: Other**
Support from USA
Youth Ministry Fees
Building Hire
Other income|**2024**
**Unrestricted**
**£**
124,803
124,803
**2024**
**Unrestricted**
**£**
38,971
10,307
6,310
2,170
57,758|**2024**
**Restricted**
**£**
-
-
**2024**
**Restricted**
**£**
-
-
-
-
-|**2024**
**Total**
**£**
124,803
124,803
**2024**
**Total**
**£**
38,971
10,307
6,310
2,170
57,758|**2023**
**Total**
**£**
79,189
79,189
**2023**
**Total**
**£**
7,542
15,667
6,510
220
29,939|
|---|---|---|---|---|
10
����������� �������� ��� ���� ������� ����� ������ �� ��
## **All Saints Presbyterian Church Notes to the Accounts**
## **for the year ended 31 December 2024**
## **4 Expenditure: Staff**
**----- Start of picture text -----**
|||||
|---|---|---|---|
|2024|2024|2024|2023|
|Unrestricted|Restricted|Total|Total|
|£|£|£|£|
|-|
|Minister stipend and expenses|67,151|67,151|23,677|
|-|
|Internship wages and expenses|7,092|7,092|12,058|
|-|
|Other wages|6,077|6,077|5,553|
|-|
|80,320|80,320|41,288|
|Staff costs|
|2024|2023|
|Total|Total|
|£|£|
|Wages and salaries|68,158|32,217|
|Social security costs|6,085|3,518|
|Contribution to defined contribution pension schemes|6,077|5,553|
|80,320|41,288|
|The average number of persons employed by the Charity during the year was as follows:|
**----- End of picture text -----**
Employees
**----- Start of picture text -----**
|||
|---|---|
|2024|2023|
|£|£|
|4|4|
**----- End of picture text -----**
No member of staff earned £60,000 or more during the year.
No payments were made to the Trustees during the year for reimbursed expenses and wages.
## **5 Expenditure: Direct ministry costs**
**----- Start of picture text -----**
||||||
|---|---|---|---|---|
|2024|2024|2024|2023|
|Unrestricted|Restricted|Total|Total|
|£|£|£|£|
|-|
|Youth ministry|12,721|12,721|14,871|
|Missional giving|15,432|15,432|8,900|
|-|
|Church fellowship|1,699|1,699|1,348|
|Deacons Fund|2,213|-|2,213|1,150|
|Hymnal and conference costs|1,589|797|2,386|7,258|
|Support|1,323|-|1,323|418|
|34,977|797|35,774|33,945|
**----- End of picture text -----**
## **6 Expenditure: Indirect ministry costs**
**----- Start of picture text -----**
||||||
|---|---|---|---|---|
|2024|2024|2024|2023|
|Unrestricted|Restricted|Total|Total|
|£|£|£|£|
|Administration|1,931|-|1,931|849|
|Refreshment|215|-|215|398|
|Telephone and internet|427|-|427|563|
|Accountancy fee|3,072|172|3,244|3,821|
|Bank charges and interest|61|-|61|48|
|5,706|172|5,878|5,679|
**----- End of picture text -----**
11
����������� �������� ��� ���� ������� ����� ������ �� ��
## **All Saints Presbyterian Church Notes to the Accounts**
**for the year ended 31 December 2024**
## **7 Expenditure: Property**
|Sundry
Service and maintenance charges
Light and heat
Rates
Cleaning
Insurance
Profit / (loss) on disposal|**2024**
**Unrestricted**
**£**
1,141
17,162
9,014
816
4,069
9,681
1,579
43,462|**2024**
**Restricted**
**£**
-
-
-
-
-
-
-
-|**2024**
**Total**
**£**
1,141
17,162
9,014
816
4,069
9,681
1,579
43,462|**2023**
**Total**
**£**
842
14,382
10,825
578
4,306
9,771
(1,036)
39,668|
|---|---|---|---|---|
## **8 Independent examiner's remuneration**
||Fees payable to Charity's independent examiner for the
independent examination of the Charity's annual accounts|**2024**
**2023**
**£**
**£**
2,112
1,920|
|---|---|---|
|**9**|**Tangible fixed assets**||
|**9**
**Tangible fixed assets**
Fees payable to Charity's independent examiner for the
independent examination of the Charity's annual accounts|**9**
**Tangible fixed assets**
Fees payable to Charity's independent examiner for the
independent examination of the Charity's annual accounts|**2024**
**£**
2,112|**2023**
**£**
1,920|
|---|---|---|---|
|**Cost**
At 1 January 2024
Additions
Disposals
At 31 December 2024
**Depreciation**
At 1 January 2024
Charge for the year
On disposals
At 31 December 2024
**Net book value**
At 31 December 2024
At 31 December 2023
**10 Debtors**
Prepayments and accrued income|**Freehold**
**land and**
**buildings**
**£**
955,542
-
-
955,542
-
-
-
-
955,542
955,542|**Plant and**
**equipment**
**£**
130,698
488
(4,756)
126,430
44,859
12,533
(1,987)
55,405
71,025
85,839
**2024**
**£**
7,398|**Total**
**£**
1,086,240
488
(4,756)
1,081,972
44,859
12,533
(1,987)
55,405
1,026,567
1,041,381
**2023**
**£**
6,312|
12
����������� �������� ��� ���� ������� ����� ������ �� ��
## **All Saints Presbyterian Church Notes to the Accounts for the year ended 31 December 2024**
|**11 Creditors: amounts falling due within one year**
Accruals and deferred income
**12 General fund**
Brought forward
Net incoming/(outgoing) resources
Net transfers from the capital reserve
At 31 December
**13 Capital reserve**
Brought forward
Net transfers to the general fund
At 31 December
**14 Restricted funds**
Restricted income funds:
-Hymnal
**Total restricted funds**|**2024**
**£**
3,356
**2024**
**£**
125,274
10,028
-
135,302
**2024**
**£**
1,041,381
-
1,041,381
**Balance at**
**31 Dec 2023**
**£**
2,898
2,898|**2023**
**£**
3,328
**2023**
**£**
139,815
(16,717)
2,176
125,274
**2023**
**£**
1,043,557
(2,176)
1,041,381
**Outgoing**
**resources/**
**transfers**
**£**
(969)
(969)|**Balance at**
**31 Dec-24**
**£**
1,929
1,929|
|---|---|---|---|
Restricted funds are solely for the use of capital restoration projects and for church growth.
## **15 Related party transactions**
In addition, £16,819 (2023- £22,990) was received in donations from related parties (Trustees) during the year.
## **16 Analysis of net assets between funds**
Fund balances at 31 December 2024 are represented by:
|Tangible fixed assets
Current assets
Current liabilities
Total net assets|**Unrestricted**
**funds**
**£**
1,026,567
153,472
(3,356)
1,176,683|**Restricted**
**income**
**funds**
**£**
-
1,929
-
1,929|**Total**
**funds**
**£**
1,026,567
155,401
(3,356)
1,178,612|
|---|---|---|---|
13
## **Certificate Of Completion**
Envelope Id: 20831B25-41BF-464F-BC69-2C1CD8306B37 Status: Sent Subject: Complete with Docusign: A1.4 All Saints Presbyterian Church 31-12-2024 Accounts.pdf Source Envelope: Document Pages: 15 Signatures: 2 Envelope Originator: Certificate Pages: 4 Initials: 0 Mai Mak AutoNav: Enabled mai-mak@kinnair.co.uk EnvelopeId Stamping: Enabled IP Address: 51.148.64.213 Time Zone: (UTC-08:00) Pacific Time (US & Canada)
## **Record Tracking**
Status: Original Holder: Mai Mak Location: DocuSign 10/28/2025 6:10:41 AM mai-mak@kinnair.co.uk **Signer Events Signature Timestamp** Jonathan Winch Sent: 10/28/2025 6:12:36 AM jonpwinch@gmail.com Viewed: 10/28/2025 6:23:13 AM Security Level: Email, Account Authentication Signed: 10/28/2025 6:24:35 AM (None) Signature Adoption: Drawn on Device Using IP Address: 185.211.176.162 **Electronic Record and Signature Disclosure:** Accepted: 10/28/2025 6:23:13 AM ID: c58b0ba2-6a88-45ed-a9c8-9287b3693298 Mai Mak Sent: 10/28/2025 6:24:36 AM mai-mak@kinnair.co.uk Kinnair Associates Limited Security Level: Email, Account Authentication (None)
**Electronic Record and Signature Disclosure:** Not Offered via Docusign
|**In Person Signer Events**|**Signature**|**Timestamp**|
|---|---|---|
|**Editor Delivery Events**|**Status**|**Timestamp**|
|**Agent Delivery Events**|**Status**|**Timestamp**|
|**Intermediary Delivery Events**|**Status**|**Timestamp**|
|**Certified Delivery Events**|**Status**|**Timestamp**|
|**Carbon Copy Events**|**Status**|**Timestamp**|
|**Witness Events**|**Signature**|**Timestamp**|
|**Notary Events**|**Signature**|**Timestamp**|
|**Envelope Summary Events**|**Status**|**Timestamps**|
|Envelope Sent|Hashed/Encrypted|10/28/2025 6:12:36 AM|
|**Payment Events**|**Status**|**Timestamps**|
|**Electronic Record and Signature**|**Disclosure**||
��������������������������� ��� ������ ������������� ������������� � ��� � ����������������� � �������������
## **ELECTRONIC RECORD AND SIGNATURE DISCLOSURE**
From time to time, Kinnair Associates (we, us or Company) may be required by law to provide to you certain written notices or disclosures. Described below are the terms and conditions for providing to you such notices and disclosures electronically through the DocuSign system. Please read the information below carefully and thoroughly, and if you can access this information electronically to your satisfaction and agree to this Electronic Record and Signature Disclosure (ERSD), please confirm your agreement by selecting the check-box next to ‘I agree to use electronic records and signatures’ before clicking ‘CONTINUE’ within the DocuSign system.
## **Getting paper copies**
At any time, you may request from us a paper copy of any record provided or made available electronically to you by us. You will have the ability to download and print documents we send to you through the DocuSign system during and immediately after the signing session and, if you elect to create a DocuSign account, you may access the documents for a limited period of time (usually 30 days) after such documents are first sent to you. After such time, if you wish for us to send you paper copies of any such documents from our office to you, you will be charged a $0.00 per-page fee. You may request delivery of such paper copies from us by following the procedure described below.
## **Withdrawing your consent**
If you decide to receive notices and disclosures from us electronically, you may at any time change your mind and tell us that thereafter you want to receive required notices and disclosures only in paper format. How you must inform us of your decision to receive future notices and disclosure in paper format and withdraw your consent to receive notices and disclosures electronically is described below.
## **Consequences of changing your mind**
If you elect to receive required notices and disclosures only in paper format, it will slow the speed at which we can complete certain steps in transactions with you and delivering services to you because we will need first to send the required notices or disclosures to you in paper format, and then wait until we receive back from you your acknowledgment of your receipt of such paper notices or disclosures. Further, you will no longer be able to use the DocuSign system to receive required notices and consents electronically from us or to sign electronically documents from us.
## **All notices and disclosures will be sent to you electronically**
Unless you tell us otherwise in accordance with the procedures described herein, we will provide electronically to you through the DocuSign system all required notices, disclosures, authorizations, acknowledgements, and other documents that are required to be provided or made available to you during the course of our relationship with you. To reduce the chance of you inadvertently not receiving any notice or disclosure, we prefer to provide all of the required notices and disclosures to you by the same method and to the same address that you have given us. Thus, you can receive all the disclosures and notices electronically or in paper format through the paper mail delivery system. If you do not agree with this process, please let us know as described below. Please also see the paragraph immediately above that describes the consequences of your electing not to receive delivery of the notices and disclosures electronically from us.
## **How to contact Kinnair Associates:**
You may contact us to let us know of your changes as to how we may contact you electronically, to request paper copies of certain information from us, and to withdraw your prior consent to receive notices and disclosures electronically as follows:
To contact us by email send messages to: graham-murray@kinnair.co.uk
## **To advise Kinnair Associates of your new email address**
To let us know of a change in your email address where we should send notices and disclosures electronically to you, you must send an email message to us at graham-murray@kinnair.co.uk and in the body of such request you must state: your previous email address, your new email address. We do not require any other information from you to change your email address.
If you created a DocuSign account, you may update it with your new email address through your account preferences.
## **To request paper copies from Kinnair Associates**
To request delivery from us of paper copies of the notices and disclosures previously provided by us to you electronically, you must send us an email to graham-murray@kinnair.co.uk and in the body of such request you must state your email address, full name, mailing address, and telephone number. We will bill you for any fees at that time, if any.
## **To withdraw your consent with Kinnair Associates**
To inform us that you no longer wish to receive future notices and disclosures in electronic format you may:
i. decline to sign a document from within your signing session, and on the subsequent page, select the check-box indicating you wish to withdraw your consent, or you may;
ii. send us an email to graham-murray@kinnair.co.uk and in the body of such request you must state your email, full name, mailing address, and telephone number. We do not need any other information from you to withdraw consent.. The consequences of your withdrawing consent for online documents will be that transactions may take a longer time to process..
## **Required hardware and software**
The minimum system requirements for using the DocuSign system may change over time. The - - current system requirements are found here: https://support.docusign.com/guides/signer guide signing-system-requirements.
## **Acknowledging your access and consent to receive and sign documents electronically**
To confirm to us that you can access this information electronically, which will be similar to other electronic notices and disclosures that we will provide to you, please confirm that you have read this ERSD, and (i) that you are able to print on paper or electronically save this ERSD for your future reference and access; or (ii) that you are able to email this ERSD to an email address where you will be able to print on paper or save it for your future reference and access. Further, if you consent to receiving notices and disclosures exclusively in electronic format as described herein, then select the check-box next to ‘I agree to use electronic records and signatures’ before clicking ‘CONTINUE’ within the DocuSign system.
By selecting the check-box next to ‘I agree to use electronic records and signatures’, you confirm that:
- You can access and read this Electronic Record and Signature Disclosure; and
- You can print on paper this Electronic Record and Signature Disclosure, or save or send this Electronic Record and Disclosure to a location where you can print it, for future reference and access; and
- Until or unless you notify Kinnair Associates as described above, you consent to receive exclusively through electronic means all notices, disclosures, authorizations, acknowledgements, and other documents that are required to be provided or made available to you by Kinnair Associates during the course of your relationship with Kinnair Associates.